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SEC Filings

S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 08/27/1999
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<TABLE>
<CAPTION>
                                                          UNAUDITED PRO FORMA STATEMENT OF OPERATIONS
                                                                 YEAR ENDED DECEMBER 31, 1998
                                  -------------------------------------------------------------------------------------------
                                   CHARTER                   RECENT                     PENDING      REFINANCING
                                  HOLDINGS     MARCUS     ACQUISITIONS                ACQUISITIONS   ADJUSTMENTS
                                  (NOTE A)    (NOTE B)      (NOTE C)      SUBTOTAL      (NOTE C)      (NOTE D)       TOTAL
                                  ---------   ---------   ------------   ----------   ------------   -----------   ----------
                                                         (DOLLARS IN THOUSANDS, EXCEPT CUSTOMER DATA)
<S>                               <C>         <C>         <C>            <C>          <C>            <C>           <C>
Revenues........................  $ 601,953   $ 457,929    $ 268,460     $1,328,342    $ 328,981       $   --      $1,657,323
                                  ---------   ---------    ---------     ----------    ---------       ------      ----------
Operating expenses:
  Operating, general and
    administrative..............    304,555     236,595      138,524        679,674      167,686           --         847,360
  Depreciation and
    amortization................    370,406     258,348      141,535        770,289      186,485           --         956,774
  Stock option compensation
    expense.....................        845          --           --            845           --           --             845
  Corporate expense charges
    (Note E)....................     16,493      17,042        6,759         40,294           --           --          40,294
  Management fees...............         --          --        4,573          4,573       10,100           --          14,673
                                  ---------   ---------    ---------     ----------    ---------       ------      ----------
    Total operating expenses....    692,299     511,985      291,391      1,495,675      364,271           --       1,859,946
                                  ---------   ---------    ---------     ----------    ---------       ------      ----------
Loss from operations............    (90,346)    (54,056)     (22,931)      (167,333)     (35,290)          --        (202,623)
Interest expense................   (204,770)   (140,651)     (95,489)      (440,910)    (118,511)       7,500        (551,921)
Other income (expense)..........        518          --           84            602       (5,944)          --          (5,342)
                                  ---------   ---------    ---------     ----------    ---------       ------      ----------
Loss before extraordinary
  item..........................  $(294,598)  $(194,707)   $(118,336)    $ (607,641)   ($159,745)      $7,500      $ (759,886)
                                  =========   =========    =========     ==========    =========       ======      ==========
OTHER FINANCIAL DATA:
EBITDA (Note F).................  $ 280,578   $ 204,292    $ 118,688     $  603,558    $ 145,251                   $  748,809
EBITDA margin (Note G)..........       46.6%       44.6%        44.2%          45.4%        44.2%                        45.2%
Adjusted EBITDA (Note H)........  $ 297,398   $ 221,334    $ 129,936     $  648,668    $ 161,295                   $  809,963
Cash flows from operating
  activities....................    141,602     135,466       38,186        315,254       36,208                      351,462
Cash flows used in investing
  activities....................   (387,633)   (217,729)     (56,242)      (661,604)    (177,891)                    (839,495)
Cash flows from (used in)
  financing activities..........    210,306     109,924      (21,932)       298,298       45,184                      343,482
Cash interest expense...........                                                                                      436,432
Capital expenditures............    213,353     224,723       22,672        460,748       70,435                      531,183
Total debt to EBITDA............                                                                                          8.8x
Total debt to Adjusted EBITDA...                                                                                          8.1
EBITDA to cash interest
  expense.......................                                                                                          1.7
EBITDA to interest expense......                                                                                          1.4
Deficiency of earnings to cover
  fixed charges (Note I)........                                                                                   $  759,886
OPERATING DATA (AT END OF
  PERIOD, EXCEPT FOR AVERAGES):
Homes passed (Note J)...........  2,149,000   1,743,000      806,000      4,698,000      989,000                    5,687,000
Basic customers (Note K)........  1,255,000   1,062,000      562,000      2,879,000      738,000                    3,617,000
Basic penetration (Note L)......       58.4%       60.9%        69.7%          61.3%        74.6%                        63.6%
Premium units (Note M)..........    845,000     411,000      299,000      1,555,000      512,000                    2,067,000
Premium penetration (Note N)....       67.3%       38.7%        53.2%          54.0%        69.4%                        57.1%
Average monthly revenue per
  basic customer (Note O).......                                                                                   $    38.18
</TABLE>

    
 
  See "Notes to the Unaudited Pro Forma Financial Statements."
 
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